Meta Platforms

$META - Time for the BEAST to Rest?

83
META

https://www.tradingview.com/chart/RfgwHWVB/

When I woke up and saw META down 25% in one day, I knew that it was an opportunity that I shouldn't miss out on. I already had a decent amount of Canadian hedged shares and decided to buy more. One year later, I can say that was the best financial decision I made in 2022. Meta is the biggest winner in my portfolio right now, I am going to keep holding a big chunk of this position, but I am looking to take some profits at 353 as I believe that is a level that price action will respect. By respect, I mean either bouncing off it right away or pierce it before the bouncing off.

What do you all think, will Meta take a breather at 353 or will it continue on breaking every resistance it faces?

Penafian

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